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1 Comment
Cleveland-Cliffs Inc is currently in a long term uptrend where the price is trading 38.7% above its 200 day moving average.
From a valuation standpoint, the stock is 99.4% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.4.
Cleveland-Cliffs Inc's total revenue rose by 322.4% to $2B since the same quarter in the previous year.
Its net income has increased by 1.3% to $64M since the same quarter in the previous year.
Finally, its free cash flow fell by 1676.4% to $-354M since the same quarter in the previous year.
Based on the above factors, Cleveland-Cliffs Inc gets an overall score of 4/5.
Exchange | F |
---|---|
Industry | Steel |
CurrencyCode | EUR |
Sector | Basic Materials |
ISIN | US1858991011 |
Market Cap | 3B |
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PE Ratio | None |
Target Price | 29.59 |
Beta | 1.92 |
Dividend Yield | None |
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in the United States, Canada, and internationally. The company offers hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized and galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products; austenitic, martensitic, duplex, precipitation hardening, and ferritic stainless-steel products; steel plates; and grain oriented and non-oriented electrical steel products, as well as slab, rail, scrap, iron ore, coal, coke, and tool and die, stamped components. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing products. In addition, the company offers tin mill products; hot and cold stamp assembly, tooling, and sampling solutions; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure, and manufacturing industries; and distributors and converters, and steel producers. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.
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